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50 Centimes - Chambre de Commerce de Bourges 1922

Issuer Chambre de Commerce de Bourges
Year 1922
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Printer Vve Tardy - Pigelet & fils, Bourges, France
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Reverse lettering CES BONS, ÉCHANGEABLES CONTRE DES BILLETS DE LA BANQUE DE FRANCE, DEVRONT ÊTRE PRÉSENTÉS AU REMBOURSEMENT AVANT LE 31 DÉCEMBRE 1927, SAUF DÉCISION PROROGEANT CE DÉLAI, ET SOUS RÉSERVE DE LEUR REMPLACEMENT PAR DES JETONS MÉTALLIQUES. E.00 F N No 039 946
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Protection type Watermark
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Comments

French chambres de commerce became de facto monetary authorities between 1914 and the mid-1920s, filling the void left when hoarding stripped small-denomination coinage from circulation almost overnight after mobilization. Bourges was no exception. This 50 centimes piece belongs to a long-running local emission that persisted well past the armistice, kept alive by the same shortage conditions that had created it.

The note was produced entirely in-house — Vve Tardy - Pigelet & fils was a local Bourges printing house, and the designer J. Tardy's surname is not coincidental. H. Richy handled the engraving work. JP#32-12 places it within a documented series, and the watermarked paper represents one of the few concessions to anti-counterfeiting on what was always intended as a temporary, disposable instrument.

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